3417 Franklin St - Car Washes FOR SALE


Michigan City, IN 46360
$1,075,000 USD
219-241-8401
3417 Franklin St, Michigan City, IN for Sale
$1,075,000 USD
Car Washes - FOR SALE
1/19
null | Request Cap Rate

3417 Franklin St
Michigan City, IN 46360


HIGHLIGHTS

  • 4,702 SF building on a .79-acre site in a high-visibility commercial corridor.
  • Adjacent to McDonald’s and Biggby Coffee with over 19,340 VPD traffic exposure.
  • Currently configured as a tunnel car wash with updated equipment and loyal customer base.
  • Includes waiting area, reception/office space, and detailing service capability.
  • Zoned B-2, allowing flexible redevelopment for retail, office, restaurant, or medical use.
  • Estimated 14+ parking spaces with block and metal construction.

OVERVIEW

Positioned in a high-visibility commercial corridor, this 4,702 SF property offers a rare opportunity for investors, owner-operators, or developers seeking a flexible commercial asset. Located on .79 Acre adjacent to national and regional traffic drivers McDonalds and Biggby Coffee, the site benefits from strong daily exposure and consistent consumer flow and an average daily traffic count of over 19,340 VPD (2025). Currently configured as a tunnel car wash, the property has been thoughtfully updated with newer equipment over time and had an established a loyal customer base. The building includes a welcoming waiting area and reception/office space, and is equipped to support vacuum services and full interior/exterior detailing operations. Zoned B-2 (General Commercial), this property presents exceptional versatility for adaptive reuse. Potential redevelopment opportunities include retail, office, restaurant, medical, or service-oriented concepts—allowing buyers to reimagine the space to meet evolving market demands. All prospective uses should be verified with the City of Michigan City. An estimated 14+ parking spots with current design. Block and metal construction. Whether you're looking to revitalize an existing business or transform the site into a new commercial venture, this property offers the location, infrastructure, and flexibility to bring your vision to life. Schedule your private tour today or reach out for additional details.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

B-2

APN/PARCEL ID

46-05-05-277-029.000-009

ASK ABOUT THIS PROPERTY

Matt EvansRE/MAX LifestylesMore Info
219-241-8401

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Matt EvansRE/MAX LifestylesMore Info
219-241-8401

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.